Grindrod Buys Ultramax With Japanese Financing
Grindrod Shipping is buying the 2019 Japanese-built ultramax bulk carrier, IVS Phoenix, which it currently charters in from its owners, Sanzo Enterprise, for a price of $23.5m, says a press release published in GlobeNewsWire.
About...
Maersk Signs Green e-methanol Deal In Step Towards Decarbonisation
A.P. Moller – Maersk has partnered with REintegrate, to produce green fuel for its first methanol-powered containership, says a press release published on their website.
About the partnership
Danish shipping giant A.P. Moller – Maersk has...
Study Reveals Waning Efficacy of Covid-19 Vaccines
Experts warn of waning vaccine immunity, a lapse in precautions, or the rise of a highly contagious Delta variant.
Health officials outlined plans that people get booster shots eight months after receiving their...
Future of Post Covid World: Investments To Be The Game-Changer
The World Bank Group deployed over $157 billion to fight the Covid-19 pandemic's health, economic, and social impacts over the last 15 months.
South Asian countries, as one of the worst-affected regions, are...
Mysterious Bacteria: Nature’s First Responders To An Oil Spill
Ocean bacteria in the Canadian Arctic is capable of biodegrading diesel and oil, according to a new study, reports EuroNews.
The Unexpected microbes
Scientists at the University of Calgary found “unexpected” microbes in the icy waters...
Gail Issues Tender To Buy & Sell LNG
Gail (India) (GAIL.NS) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo for delivery into India and offering a cargo for loading from the United States, reports Reuters.
Tender info
It is...
Port NOLA and Cleancor Sign MOU On LNG Fueling Solutions
CLEANCOR Energy Solutions, a subsidiary of SEACOR Holdings and The Port of New Orleans, have signed a memorandum of understanding (MoU) to collaborate on solutions to provide liquified natural gas (LNG) bunkering to ship...
Capesize Freight Rates From Brazil To China at Decade High
Capesize Brazil to China rate at decade high as ship supply tightens
freight up on spike in Brazil iron ore demand
Capesize freight rates on the key iron ore route from Brazil into China...
Contour Partnership with GSBN to Drive Digitisation Across Global Shipping Industry
Digital trade finance network Contour has partnered with the Global Shipping Business Network (GSBN) to offer an end-to-end digital solution for all participants involved in trading, financing and shipping goods around the world, says...
Carriers’ Schedule Recovery Troubled, Worsening Port Congestion
Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening port congestion at both ends of the tradelane.
Asia-North Europe loops with a pro-forma...